Automotive

Stellantis, the world's third-largest carmaker by sales, had an impressive performance in the first half of 2023, with a remarkable 12 percent year-on-year surge in net revenues and an astounding 37 percent spike in net profit.In their…

HCLTech has signed a definitive agreement to acquire a 100% equity stake in ASAP Group, an automotive engineering services provider, headquartered in Ingolstadt, Germany, for a total enterprise valuation of 251.1 million Euros. | Photo…

A slew of moves recently initiated by the Ministry of Heavy Industries (MHI) would “substantially” delay the adoption and penetration of electric vehicles (EVs) in India, a representative body of EV manufacturers told the Niti Aayog…

BANGKOK: Major Chinese automaker Geely is in the early stages of planning an entry to Thailand's electric vehicle (EV) market, including weighing models for import and local manufacturing, according to two people with knowledge of the…

OAKLAND, California : Silicon Valley automotive ethernet chip startup Ethernovia Inc said on Monday it had raised $64 million in a Series A funding round including Porsche Automobil Holding SE, Qualcomm Ventures, VentureTech Alliance…

Global engineering and product development digital services company, Tata Technologies, has signed a Memorandum of Understanding (MoU) with TiHAN IIT Hyderabad, to collaborate in the areas of Software Defined Vehicles (SDV) and Advanced…

TOKYO: Japan's automakers are facing a sales crisis in China, data shows, as a rapid shift to electric vehicles (EVs) has upended the world's largest auto market and led to a plunge in purchases of gasoline-powered cars. Total sales of…

Credit: CC0 Public Domain The chip crisis has kept the automotive industry on its toes in recent years. In many companies, shifts had to be…

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After an action-packed Ambetter Health 400, the 2023 NASCAR Cup Series has arrived at the Circuit of the Americas in Austin, Texas. Sunday's (March 26) EchoPark Automotive Grand Prix will be telecast live on FOX and PRN at 3:30 pm ET.…